“We base pay on labor market trends—not cost of living—so your compensation reflects your role’s true market value.”
Ok fine, but does anyone else see the idiocy of paying Stankey 26 million then? Based on what he’s done to once-proud AT&T he wouldn't get half that money at any other company in the world! Zero chance.
Awwwwww, another day and another human finding out their place on the corporate ladder. The more people that see behind the curtain, the more these corporations NEED AI!!!! The last side of the box will be complete and fundamental life changes about to be unleashed on the people!
Yea, that’s what they all said about the bonus and it’s 120% so forgive me for not valuing your opinion.
@k0 prepare to be disappointed.
@OP the last CEO would owe us millions under those terms !
Your raise depends on where your salary ranks vs the level you are.
When I was a first level at the top of the TSR I had to get higher ratings for the typical 3%
Once I made 2nd level the raises were amazing for years because I was rated well and below the midpoint of the TSR.
I’ve been a 2nd level for over 6 years now and because I get the highest ratings my raises are still well above normal. 5%+
This year I was rated exemplary and Role Model and expect to see well over 5%
@a4 but the stock price is up! Stinky and the boys made millions on dividends. We are gaining ground on t mobile. Right?
If you're lucky. One year I was at a professional tier in my job and far right in the purple. That year we were on the 5 tier rating. I got a 4. My raise was $1000. Not even 1%.
Based on the job postings? And then you say “we are paid, and it’s the truth. Sounds like you really don’t want to get that 20% raise.
NEVER have our pay raises been tied to cost of living or projected inflation data. 3%. Year after year. 3%.
That has been my experience also unless you are under the midpoint for your title. The only difference has been the bonus amount and that depends on the amount what has been designated by the bigwigs. And even that seems to have a consistent bottom line percentage base which luckily has been pretty consistent yoy. There were a couple of years in which starting salaries were pretty healthy but seems reality has set in with those as it put those people closer to the midpoint much sooner which limits the yearly raise. The bonus amount can be warped as it can be pretty discretionary based on if you are in favor with certain people. The company is well aware of the current job market. Having a degree and some experience no longer means you walk on water and should expect the bs social media raises. My son has had a few friends laid off and almost all have taken 6 months to a year to find something even close to their previous salary if they have been lucky. Yes there are exceptions based on your skill set but those are far and few between.
Golf club membership cost for work hour tee time has increased. Any raise amount is welcome.
If they’re speaking they’re lying
"As we’ve shared, our goal is to reach fair and competitive agreements that recognize the hard work our employees do to serve our customers, with market-based pay and benefits tied to cost of living and projected inflation data. This is true for all employees, management and non-management alike. " - https://about.att.com/pages/employee-relations
NOTHING has changed in the average raise in the 20 years I've been here. The average is 3%. To give someone more, you have to take it away from someone else.
There's no "market rate" or "cost of living", unless you are lying to the press, like this press release from Aug 30, 2024:
"As we’ve shared, our goal is to reach fair and competitive agreements that recognize the hard work our employees do to serve our customers, with market-based pay and benefits tied to cost of living and projected inflation data. This is true for all employees, management and non-management alike. " - https://about.att.com/pages/employee-relations
NEVER have our pay raises been tied to cost of living or projected inflation data. 3%. Year after year. 3%.
They call it "market based" now. Its the same plan for decades.
Average 2.5-3.5% is what I’ve heard.
Well based off the job postings I’m seeing in Atlanta from T mobile and Verizon, we are the lowest paid by a good bit actually. Just pointing that out. They get higher base pay than us, 20% bonus, and RSUs for basic office worker roles. I’ve got friends that used to work here and now work there, we are paid the least and have the least flexibility. That’s just truth.
Raises are going to be very low this year.
I assume this means we're not getting raises this year